Form 4: ZimVie Inc. Executive Heather Kidwell Reports Stock Transactions
SEC Form 4 Filing
Heather Kidwell, a Senior Vice President at ZimVie Inc., reported the vesting of restricted stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of company stock.
Summary
- On May 15, 2024, Heather Kidwell, a Senior Vice President at ZimVie Inc., reported transactions involving the company's common stock.
- 8,064 Restricted Stock Units (RSUs) vested, converting into common stock.
- 2,210 shares were withheld by ZimVie Inc. to cover tax obligations related to the RSU vesting at a price of $16.8 per share.
- Following these transactions, Kidwell's direct ownership is 65,139 shares.
- Kidwell also holds 16,126 unvested RSUs, vesting in two equal installments on May 15, 2025, and May 15, 2026.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications.
Future Outlook
The remaining 16,126 RSUs will vest in two equal installments on May 15, 2025, and May 15, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and any recent changes.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of execution for the Power of Attorney. |
| 05/15/2024 | Date of stock transactions: RSU vesting and tax withholding. |
| 05/15/2025 | Date of next RSU vesting (50%). |
| 05/15/2026 | Date of final RSU vesting (50%). |
| 05/17/2024 | Date of signature for the report. |
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